Recent Posts Tagged With 'tax deductions'

• 529 College Savings Plans Not Without Risk

  Posted on Wednesday March 11th, 2009 at 08:44 in financial planning, income tax, tax deductions, college savings, 529 plan

  While you do not get a federal income tax deduction for contributions to a 529 college savings plan, you do benefit from the tax-free growth of the account.  The key factor is that your account must grow to realize that benefit.  As you probably kn...

• More Quotes

  Posted on Monday March 2nd, 2009 at 13:01 in charity, obama, quote, income tax, tax deductions

  “In these hard economic times, we need to make sure tax and regulatory policy encourages growth in philanthropy,” said Steve Gunderson, chief executive of the Council on Foundations, quoted in a New York Times article, Limiting Deductions on Char...

• Obama Tax Proposals a Mixed Bag

  Posted on Saturday February 28th, 2009 at 14:34 in charity, obama, income tax, estate tax, tax deductions

  A recent Forbes.com article provides a breakdown of President Obama’s tax proposals. One element may be devastating for charities.  The proposal would cap the value of deductions for things like charitable donations, mortgage interest and investm...